BMW prepares first auto loan ABS of 2020

Rebecca Feng

February 14, 2020 05:00 am

BMW_China_ABS_PA_230x150_14Feb20 — --FILE--View of the BME experience center in Shanghai, China, 1 August 2019. BMW further increased its sales in July "primarily thanks to new SUV models", the Munich carmaker announced on Tuesday (13 August 2019). (Photo by Li fuhua - Imaginechina/Sipa USA) | Imaginechina/SIPA USA/PA Images

BMW Automotive Finance is readying a Rmb8bn ($1.15bn) dual-tranche auto loan ABS transaction. The deal, to be sold on February 20, will be the first auto ABS outing in the Chinese market since the Lunar New Year.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

CITIC Securities China ICBC Asia Greater China China Bonds Morgan Stanley Northeast Asia BNP Paribas China Asia Pacific Securitization ABS China Securitization Emerging Markets

RF

Rebecca Feng